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Microsoft to Pay $3 Million Over Russia Sanctions, Export Controls Violations
Business

Microsoft to Pay $3 Million Over Russia Sanctions, Export Controls Violations

Risk & Compliance Journal The majority of the apparent violations involved blacklisted Russian companies or persons in the Crimea region of Ukraine, Treasury officials said

Russia's Aircraft Need Maintenance They Can No Longer Get
Business

Russia's Aircraft Need Maintenance They Can No Longer Get

Sanctions have cut off access to parts, software and technical skills needed for the key upkeep of hundreds of commercial jets, raising concerns over safety.

Fed, Treasury Fine Wells Fargo for Sanctions Violations
Business

Fed, Treasury Fine Wells Fargo for Sanctions Violations

Markets Financial Regulation Federal Reserve and the Treasury Department are fining the bank $97.8 million Source link

Fed, Treasury Fine Wells Fargo for Sanctions Violations
Finances

Fed, Treasury Fine Wells Fargo for Sanctions Violations

Markets Financial Regulation Federal Reserve and the Treasury Department are fining the bank $97.8 million Source link

Turkey Epitomizes the West’s Russia Sanctions Dilemma
Finances

Turkey Epitomizes the West’s Russia Sanctions Dilemma

Markets Heard on the Street As Turkey struggles with inflation and the earthquake aftermath, Russia emerges as a vital trading partner Source link

Russia’s Economy Is Starting to Come Undone
Business

Russia’s Economy Is Starting to Come Undone

MOSCOW—The opening months of Russia’s invasion of Ukraine last year drove an increase in oil and natural-gas prices that brought a windfall for Moscow. Those